Extending his previous comments at the panel discussion in Sydney, the Reserve Bank of Australia (RBA) Deputy Governor Guy Debelle recently praised the monetary policy. Key quotes Monetary policy working through many channels, having an impact. Lower rates have an effect through the exchange rate, lower debt payments. Not worried about bank interest margins. Monetary policy works with long and variable lags, not much time has passed yet. Need to give it more time for policy to work. FX implications While overall trade sentiment seems to the reason behind the AUD/USD pair’s recent pullback to 0.6800, comments like this tame the fears of further monetary policy easing, triggered after the recent downbeat Australian statistics. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Tezos-based ETP launched in Switzerland FX Street 3 years Extending his previous comments at the panel discussion in Sydney, the Reserve Bank of Australia (RBA) Deputy Governor Guy Debelle recently praised the monetary policy. Key quotes Monetary policy working through many channels, having an impact. Lower rates have an effect through the exchange rate, lower debt payments. Not worried about bank interest margins. Monetary policy works with long and variable lags, not much time has passed yet. Need to give it more time for policy to work. FX implications While overall trade sentiment seems to the reason behind the AUD/USD pair's recent pullback to 0.6800, comments like this tame… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
